Since it was first started in 1935, Social Security has benefited hundreds of millions of Americans. The Social Security Administration ensures that retirees and those suffering from debilitating disabilities are provided with sufficient means to live. Of course, with Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) providing aid to millions of Americans, there’s always a concern about the future of these benefits. While Social Security isn’t going anywhere, there are always changes to these programs. The Social Security Ticket to Work program is just one example of a program that has been offered to SSDI and SSI beneficiaries. Keep reading to learn more about the future of these programs.


The way the Social Security system was designed to work, it was created with no funding allocated to its budget. Instead, tax money from current workers helps to guarantee payment into these programs. In short, this means that SSDI and SSI always operate with deficits. This requires Congress to provide for any additional funding that’s needed to cover benefits. Unless Congress decides to make major changes to how SSDI and SSI are funded, the current excess trust fund revenue is expected to be depleted by 2034. If this were to happen, it’s estimated that Social Security would only be able to pay around 80% or less in terms of benefits from ongoing payroll taxes.

A number of different fixes and adjustments have been proposed. One option is to incentivize and assist recipients who are able to get back into the workforce. Ideally, this is done gradually as a transition, so they aren’t worried about losing their benefits. The Ticket to Work program is a good example of this sort of process. Of course, other programs are possible as well. Additionally, increased efficiency within Social Security could lower operating costs. With more thought and logic put into how benefits are paid out or other creative solutions, SSDI and SSI could be provided past 2034.


For anyone born in 1960 or later, the full retirement age has been increased to 67. You’re still allowed to start taking Social Security retirement benefits at age 62, but this will be with reduced monthly payments. You do have the option to delay receiving your Social Security until the age of 70. You may no longer file and suspend, nor is filing for a restricted claim of spousal benefits possible. These were maximization strategies that no longer exist.

As always, there are cost-of-living adjustments made to Social Security benefits. With low inflation, the current Social Security cost-of-living adjustment is expected to be around 1.8%. This obviously isn’t going to transform anyone’s life, but every little bit of extra assistance makes a difference, especially if you’re relying on SSDI or SSI to pay bills. As an estimate, this amounts to $25 more per month for the average beneficiary. When it comes to the highest earners, this would be closer to $50 more per month in Social Security benefits.

Maximum Social Security benefits are expected to increase. Of course, as always, you’re able to increase this amount if you delay receiving Social Security benefits until age 70. When compared to starting your benefits at age 66, this could increase your benefits by approximately 32%. This may adjust the maximum monthly benefit up to $3,776 per month.

The Social Security Administration’s Ticket to Work program is a great option if you qualify. Most beneficiaries receiving SSDI or SSI due to a disability do qualify. Contact DisABLEd Workers at (877) 291-9806 to learn how this remarkable program could assist you.